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Senator Gomez renews attack on Grupo Mexico, miners, after acid spill

July 22, 2019 / www.mining-journal.com

Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesProfepa—the federal attorney for environmental protection—temporarily shut the facilities following two visits on t...Read More

Vale's iron ore fines output down 34% in Q2 on tailings dam disaster

July 23, 2019 / www.metalbulletin.com

Vale's production of iron ore fines dropped by 33.80% year-on-year in the second quarter of 2018, amid restrictions resulting from a tailings dam accident at Brumadinho in Brazil and poor weather conditions in the north of the country.Production totaled 64.06 million tonnes from April to June, down from 96.76 million tonnes a year before, Vale said on Monday July 22.Output also dropped by 12.10% f...Read More

COKING COAL DAILY: Trading activity limited after active week

July 23, 2019 / www.metalbulletin.com

Trading activity in the seaborne coking coal market was muted on Monday July 22 after an active stretch last week.A cargo of premium hard coking coal was offered at $175 per tonne fob Australia on the Global Coal trading platform during the day, down $1 per tonne from last Friday, sources said.A Chinese end-user source said that mills in the country were concerned about uncertainties associated wi...Read More

Underperformance persists for seaborne iron ore concentrate, pellet markets

July 23, 2019 / www.metalbulletin.com

The iron ore concentrate and pellet segments remain lackluster, with prices underperforming in comparison with the general seaborne market last week.ConcentrateThe weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $122.88 per tonne last Friday July 19, up $1.03 per tonne from a week earlier.The daily Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingda...Read More

Prices correct while traders reconsider US rate cut expectations

July 22, 2019 / www.metalbulletinresearch.com

Rising tension over Iran and a reduction in expectations on the size of the next US Federal Reserve rate cut were weighing on sentiment this morning, Monday July 22.Last week the market started to price-in a 50-basis-point cut in the US benchmark interest rate at the Federal Open Market Committee’s (FOMC) July 30-31 meeting, but now a 25-basis–point cut now seems more likely as the proba...Read More

CHINA REBAR: Prices rise on expected tightening of production curbs in Tangshan

July 23, 2019 / www.metalbulletin.com

China's rebar prices increased slightly on Monday July 22 on concerns that the country's steelmaking hub in the north would tighten production curbs over the remainder of this month.Domestic Eastern China (Shanghai): 3,970-4,000 yuan ($577-581) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,900-3,930 yuan per tonne, up 10-20 yuan per tonneA steelmaker in Tangshan was reported to have i...Read More

Tech Talk for Monday July 22nd 2019

July 22, 2019 / www.timingthemarket.ca

U.S. equity index futures moved higher this morning. S&P 500 futures were up 9 points in pre-opening trade.Walt Disney gained $1.40 to $141.25 after its latest movie, the relaunched "The Lion King" booked $185 million sales over the weekend in the U.S. Crude Oil added $0.64 to $56.27 after Iran captured a British licenced tanker near the Straits of Hormuz late on Friday. Halliburton gained $0....Read More

ERG gives marketing rights for RTR cobalt hydroxide to Telf

July 23, 2019 / www.metalbulletin.com

ERG has appointed Telf AG the exclusive offtaker for cobalt hydroxide produced at its Metalkol Roan Tailings & Reclamation (RTR) project in the Democratic Republic of Congo (DRC), Fastmarkets understands. Telf will market all saleable material produced at RTR, excluding any sent to Chambishi for refining into metal. Production at Chambishi restarted last month. RTR started production late last yea...Read More

My Important Message for Options Investors

July 22, 2019 / dailyreckoning.com

I want to cover an important topic that is a little more technical, so put on your thinking caps!I'm talking about options trading. Options are by no means new, and I've talked about it options plenty of times before. But I find options trading is something that many traders are scared of because they don't understand it. And it makes sense! You shouldn't trade something that you don't understand....Read More

GLOBAL ANTIMONY SNAPSHOT: Chinese producers resist lower bids; European prices still under pressure

July 23, 2019 / www.metalbulletin.com

Key data from the pricing sessions in Asia and Europe for the week ended Friday July 19. China Key drivers The price of antimony MMTA standard-grade II, ddp China, was unchanged week on week after some major suppliers held prices firm despite thin spot trading activity. citing the multi-year-low prices as causing them severe losses.A few antimony producers, however, were heard to have lowered the...Read More

COBALT SNAPSHOT: Sellers resist cutting offers in wait for further inquiries

July 23, 2019 / www.metalbulletin.com

Key data from the July 19 pricing session in London. Key drivers:  Prices show stability at the low end of the ranges; some sellers decline to offer cheaper, while slow spot activity gives limited test to others' appetite to cut their offers. Market participants eye modest recovery in metal...Read More

GLOBAL SILICON SNAPSHOT: China, Europe prices down again on static demand

July 23, 2019 / www.metalbulletin.com

Ample supply amid the seasonal summer lull pushed prices down again in both China and Europe, while some market sources believe prices will find a floor to the downtrend after some silicon refiners were unwilling to sell off cargoes, tightening spot supply. ChinaKey drivers: The Chinese silicon export price declined week on week, extending a downward trend for the fourth consecutive week.Demand ha...Read More

CHINA BISMUTH SNAPSHOT: Chinese bismuth market rallies on tight spot supply

July 23, 2019 / www.metalbulletin.com

Key data from the pricing sessions in Asia for the week ended Friday July 19.Key drivers- Bismuth prices rebounded after hitting a decade low at 40,500-41,500 yuan ($5,884-6,029) per tonne on July 12. - Some traders reckon that tight supply supported spot prices above 41,000 yuan per tonne...Read More

China imposes anti-dumping duties on stainless steel imports

July 23, 2019 / www.metalbulletin.com

China is imposing anti-dumping duties on imports of stainless steel billet, slab, hot-rolled plate and coil produced in the European Union, Japan, South Korea and Indonesia, the country's Ministry of Commerce said on Monday July 22.The duties will apply for five years beginning on July 23 after a final ruling in an anti-dumping investigation found that the imports caused substantial dama...Read More

Commentary: Revisiting the London Gold Pool

July 22, 2019 / www.northernminer.com

Last year, 22 central banks, situated largely to the east of Germany, bought the largest amount of gold since 1967, the year the London Gold Pool collapsed. Furthermore, the gold repatriations by many European countries of the last few years are another sign that we are reaching the end of a calm monetary period that has lasted over 40 years. It could bring about the largest monetary changes since...Read More

Major hits skids in Mongolia, Pilbara

July 22, 2019 / www.mining-journal.com

Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesJean-Sebastien Jacques is the man facing the latest crop of problems at the world's second biggest mining company, just as Tom...Read More

JV Article: AI is Driving The Future of Mining Productivity, Roles, and Safety

July 22, 2019 / www.northernminer.com

Recent developments in AI and automated machinery have been changing the face of mining. Rio Tinto, one of the world's largest mining companies, has unveiled their plans for a $2.2B intelligent mine made up of driverless trains, trucks, and robotics. This automation, coupled with other AI technology allows for:The ability for mines to operate without breaks or delays.Earlier prediction of failures...Read More

JV Article: Hard-Line continues to accelerate innovation in Sudbury

July 22, 2019 / www.northernminer.com

Greater Sudbury, Ontario, is quickly becoming recognized as the epicentre for mining technology globally and Sudbury-based Hard-Line has been a proud member of the community for the past 23 years.Since 1996, Hard-Line has been enabling tele-remote operation of heavy equipment in the mining industry, proving consistently that while clearly enhancing safety by keeping operators out of harm's way, im...Read More

Roskill: "Despite the current hype, #nickel prices remain well below recent highs, and still have a long way to go...

July 22, 2019 / twitter.com

"Roskill: "Despite the current hype, #nickel prices remain well below recent highs, and still have a long way to go to reach required incentive price levels." https://t.co/fzDtGvcHjJ"Read full newsRead More

Private Placement | Now Open to ALL #Investors The #Hemp Finance Deal of Summer 2019 #investing #stocks...

July 22, 2019 / twitter.com

"Private Placement | Now Open to ALL #Investors The #Hemp Finance Deal of Summer 2019#investing #stocks #stockmarket #trading #cannabisnews #cannabiscommunity #capitalmarkets #marijuanastocks #potstocks #business #CBD #CBG #medicalmarijuana CLICK??'?https://t.co/DJY5exIzT3"Read full newsRead More

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